How to become a Blockchain Developer? And Why?

1
How to become a Blockchain Developer? And Why?
- Global Knowledge Technologies
2

• You must be living under the rock if you are not
  yet acquainted with the term Blockchain- which
  has already disrupted several industries and is
  all prepped to bring in new developments in the
  tech world. Dates back to 2008, the history of
  Blockchain mark the release of whitepaper Bitcoin
  by Satoshi Nakamoto whose identity is not yet
  known. Considered to fulfill the quest for the
  digital trust for one and all, Blockchain
  Technology is a democratized system that enables
  distribute digital information that too
  maintaining complete reliability and
  transparency.
• If you are looking for a summary related to the
  careers, demand, and growth of Blockchain
  Developer and Blockchain Technology in general,
  this article will guide you.

3
Global Blockchain Market

• Understanding the potential of Blockchain,
  multiple enterprises and governments around the
  world, in over 50 countries have commenced
  initiatives to incorporate Blockchain in their
  economies.

4
Global Blockchain Market

• Given the potentiality and impact, Blockchain
  Technology is expected to outpace 3 trillion in
  the next decade.
• The global Blockchain market size is projected to
  grow from USD 1.2 billion in 2018 to USD 23.3
  billion by 2023, at a Compound Annual Growth Rate
  (CAGR) of 80.2 during 20182023.

5
Global Blockchain Market

• According to research published by IBM,
  Businesses across the globe will consider
  spending around 119.9 billion on Blockchain by
  2024.

6
Global Blockchain Market

• The major players associated with Blockchain
  include IBM Corporation, Linux Foundation,
  Post-Trade Distributed Ledger, R3, Ripple, Intel
  Corporation, Accenture PLC, just to name a few.

7
Are Blockchain Developers in demand?

• Reportedly, Blockchain presently is the rapidly
  thriving skill set requested on job sites, with
  job growth rates at 2,000-6,000 and salaries for
  Blockchain Developers 50-100 higher than regular
  developer jobs.
• There is a rise of 517 demand for Blockchain
  engineers globally.
• There is a definite shortage for a skilled
  workforce which expertise in Blockchain,
  considering there are only 45,000 to 60,000
  skilled resources that are industry-ready
  globally.
• As per Glassdoor an online recruitment
  organization, there has been a 300 percent
  increase in job openings for professionals with
  Blockchain skills in its site.
• These above-mentioned facts depict the present
  and future demand of the Blockchain Developers.
  With Blockchain Developer jobs in such high
  demand, it is quite right to say that,
  professionals of the IT industry should gear up
  to witness immense growth in their careers by
  taking up a proper Blockchain Developer Training.

8
Blockchain Developer as a Career

• In order to reap the huge benefits that have been
  waiting for a skilled Blockchain Developer, one
  has to first fulfill the criteria which are
  mandatory to be fit in the role. And this can be
  earned only through enrolling into a worthy
  Blockchain Developer course, that promises to
  take you through a journey of overall
  understanding of Blockchain, along with allowing
  you to obtain all the necessary skills required
  to be developed as a proficient Blockchain
  Developer.
• Blockchain Developer skills-To become a
  Blockchain Developer, first you need to
  comprehend that how Blockchain works in real-time
  followed by researching the varied ICOs in the
  market, getting knowledge on the Blockchain
  security frameworks, understanding different
  Blockchain platforms and so on.
• Get started with the right institute-  Not all
  the centres are reliable and obtaining your
  certificate from a decent training provider puts
  a substantial impact on the opportunities you are
  aspiring to get a hand in. Hence, think wisely
  before selecting one.

9
Number of Jobs Created

• In 2018, Burning Glass Technologies, a job data
  analytics firm, claimed that over 12 months, the
  total job openings for Blockchain skills have
  grown to 12,006.
• The final report by Janco Associates 2019 IT
  Salary Survey, affirmed that the median salary
  for a Blockchain Developer is currently 127,000
  and the experienced Blockchain engineers are
  earning 172,000.
• Indeed- a leading global job site asserted that
  Bangalore with 36 Blockchain job postings in
  India, is the top city for those aiming to get
  job opportunities in the Blockchain arena,
  followed by Mumbai, Hyderabad, Pune and Chennai.

10
Remuneration

• The market is growing at a considerable rate and
  is willing to welcome a pool of Blockchain
  Developers with handsome salary packages, who can
  serve their set objectives towards the open
  position.
• With a wholesome 3 years of experience in the
  field of Blockchain, you can expect a
  remuneration of around 45 lakh or more.
• According to Glassdoor, the average salary for a
  Blockchain Developer in India is 7, 01,941 per
  annum.
• In the global context, the annual salary of
  Blockchain Engineers ranges between 150,000 and
  175,000 in annual salaries on average- as per a
  report submitted by HIRED.

11

• Concluding here, it can be affirmed that, besides
  the salary part, there are many features that
  make the Blockchain Developer a rewarding career
  route. With the industry foreseeing colossal
  gains in the field of Blockchain Technology, it
  goes without saying that, there will be no dearth
  of opportunities and possibilities for
  professionals who are planning to dwell in the
  Blockchain Technology space.

12
Thank you!